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Detail
ArtikelThe China 100  
Oleh: Arora, Rupali
Jenis: Article from Bulletin/Magazine
Dalam koleksi: Fortune vol. 156 no. 04 (Sep. 2007), page 66-69.
Topik: Bank of China
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  • Perpustakaan Pusat (Semanggi)
    • Nomor Panggil: FF16
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Isi artikelA rush of listings on the Hong Kong and Shanghai exchanges added a dozen newcomers to Fortune's annual list of China’s 100 largest publicly traded companies. One of them had the largest share offering in the world: Industrial & Commercial Bank of China, which raised $21.9 billion last October. As China’s biggest bank by revenue and Asia's most profitable bank, with profits of $6.2 billion last year, it grabbed the No. 4 spot on this year’s list. The Bank of China, which also had a successful IPO debuted at No. 5. While China’s economy grew nearly 11% last year. the revenue cutoff for this year’s list rose 46% to $1.9 billion, compared with last year’s S 1.3 hillion. The country s gnawing demand for energy helped keep China Petroleum & Chemical in its No. I position for the seventh year in a row, with revenue up almost 34% to $134 billion. State—owned companies continued to dominate the list, taking the top ten spots. The largest private company on the list, computer maker Lenovo, fell four places, to No. 11, even though its revenues rose I 10% to $14.6 billion.
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